PipStop

Yesterday, I shared a thought on the average daily volume traded on the Forex market. There are so many numbers floating out there without any sort of reference.

Well thanks to Thomas Chmielowicz of Gain Capital (Forex.com is their retail arm) who shared in his TP Tuesday session today about the new $3.2 trillion number.

I quickly checked on the Bank of International Settlements website and after a little digging I found that indeed, in the three years between Dec. 2004 and Dec. 2007 the average daily turnover in the Forex market has increased 71% to $3.2 trillion.

... are we really supposed to understand what $3.2 trillion really means? 

Don't miss Trading Post Tuesday. It's today, and you'll be glad you dropped by a session or two, or three, or heck the whole thing.

Come on by!